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Updated over 2 years ago on . Most recent reply

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Sean Bramble
  • Investor
  • United States
282
Votes |
202
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Long-distance rookie question: visiting property before close

Sean Bramble
  • Investor
  • United States
Posted

Hey BP! Just put in my first ever offer on a property! Man, I feel so nervous and excited all at the same time :)

Question: I'm out-of-state and have never visited the property in person (did video tour w/ my agent). I know I will need to go there in person during the inspection period, but wanted to ask how other long distance investors do this... How many days do you go for? When do you go? i.e., after inspections but before close? What do you look for/ check while you're there? 

Any guidance would be super helpful! Trying not to get my hopes up too much bc I know how competitive the market is, but figure I need to plan my visit just in case this one works out

Most Popular Reply

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Bruce Woodruff
#5 All Forums Contributor
  • Contractor/Investor/Consultant
  • West Valley Phoenix
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Bruce Woodruff
#5 All Forums Contributor
  • Contractor/Investor/Consultant
  • West Valley Phoenix
Replied

I agree with @Nathan Gesner, you probably don't NEED to be there. But I would just because a) it's fun, and b) I'd want to know as much about the property as I could, it'll help me formulate decisions down the road regarding repairs and budget.

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